Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934

Date
of
Report (Date of earliest event reported):
February 16, 2006

WELLCARE
HEALTH PLANS, INC.

(Exact
name of registrant as specified in its charter)

Delaware

001-32209

47-0937650

(State
or other jurisdiction

(Commission
File Number)

(IRS
Employer

of
incorporation)

Identification
No.)

8725
Henderson Road, Renaissance One

Tampa,
Florida

33634

(Address
of principal executive offices)

(Zip
Code)

Registrant’s
telephone number, including area code:
(813) 290-6200

Not
Applicable

(Former
name or former address, if changed since last report.)

Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):

¨

Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)

On
February
16, 2006, the Registrant will be meeting with investors and analysts at its
corporate headquarters. During this meeting, the Registrant expects to confirm
2006 GAAP guidance of revenues of $3.1 billion, net income of $95 to $97 million
and earnings per share of $2.37 to $2.42. In
addition to reaffirming 2006 guidance, the Registrant expects to discuss its
strategy, opportunities and outlook.

Cautionary
Statement Regarding Forward-Looking Statements

This
release
contains “forward-looking” statements that are made pursuant to the Safe Harbor
provisions of the Private Securities Litigation Reform Act of 1995. Statements
that are predictive in nature, that depend upon or refer to future events or
conditions, or that include words such as “expects,” “anticipates,” “intends,”
“plans,” “believes,” “estimates,” and similar expressions, including statements
related to the Registrant’s expected 2006 financial results, are forward-looking
statements. Forward-looking statements involve known and unknown risks and
uncertainties that may cause the Registrant’s actual future results to differ
materially from those projected or contemplated in the forward-looking
statements. Additional information concerning these and other important risks
and uncertainties can be found under the captions “Cautionary Statement
Regarding Forward-Looking Statements” and “Risk Factors” in the Registrant’s
Annual Report on Form 10-K as filed with the Securities and Exchange Commission
on February 14, 2006, which contains discussions of the Registrant’s business
and the various factors that may affect it.

-2-

SIGNATURES

Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.